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PAPER CERTIFICATES OF TITLE
HAVE BEEN ABOLISHED
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Dear Members,
Just a reminder that their have been changes to the land titles system in NSW which include:
- The cessation of all Certificates of Title (for both lot and common property)
- 100% eConveyancing via the mandate of 100% of Real Property Act dealings for electronic lodgement through an ELNO (eg PEXA) by a subscriber (lawyer or conveyancer).
These changes will be effected by the Real Property Amendment (Certificates of Title) Act, 2021 (NSW).
All existing certificates of title will be cancelled and will no longer be issued. An “Information Notice” will be issued in lieu of a certificate of title for all property ownership in New South Wales including common property and lot property certificates of title.
Land dealings (such as by-law registrations/consolidations) will only be able to be carried out electronically by a subscriber such as a lawyer, licensed conveyancer or bank, through an electronic lodgement platform, such as PEXA.
NSWLR has further information – click here.
Stay Safe and Informed!
Regards,
Leanne Habib
CEO
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